Apple Hospitality REIT (APLE) Stock Forecast, Price Target & Predictions
APLE Stock Forecast
Apple Hospitality REIT stock forecast is as follows: an average price target of $20.50 (represents a 43.56% upside from APLE’s last price of $14.28) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
APLE Price Target
The average price target for Apple Hospitality REIT (APLE) is $20.50 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $23.00 to $18.00. This represents a potential 43.56% upside from APLE's last price of $14.28.
APLE Analyst Ratings
According to 2 Wall Street analysts, Apple Hospitality REIT's rating consensus is 'Buy'. The analyst rating breakdown for APLE stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Apple Hospitality REIT Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Feb 02, 2023 | - | Wells Fargo | $18.00 | $18.14 | -0.77% | 26.05% |
| Apr 22, 2022 | - | Oppenheimer | $23.00 | $17.79 | 29.29% | 61.06% |
The latest Apple Hospitality REIT stock forecast, released on Feb 02, 2023 by Wells Fargo company, set a price target of $18.00, which represents a -0.77% decrease from the stock price at the time of the forecast ($18.14), and a 26.05% increase from APLE last price ($14.28).
Apple Hospitality REIT Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $14.28 | $14.28 | $14.28 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Apple Hospitality REIT stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Apple Hospitality REIT's last price of $14.28. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 03, 2024 | Wedbush | - | Neutral | Initialise |
| Mar 30, 2023 | Wells Fargo | Equal-Weight | Overweight | Upgrade |
| Feb 02, 2023 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Aug 29, 2022 | Wells Fargo | - | Underweight | Upgrade |
Apple Hospitality REIT's last stock rating was published by Wedbush on Jun 03, 2024. The company Initialise its APLE rating from "null" to "Neutral".
Apple Hospitality REIT Financial Forecast
Apple Hospitality REIT Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $358.26M | $361.63M | $311.45M | $299.12M | $341.15M | - | $260.48M | $250.59M | $277.16M | $247.40M | $158.71M | $133.97M | $148.83M | $81.08M | $238.01M | $289.97M | $331.72M |
| Avg Forecast | $350.13M | $404.04M | $413.98M | $346.47M | $339.01M | $391.13M | $400.52M | $338.73M | $328.79M | $380.86M | $387.51M | $327.33M | $302.46M | $352.82M | $352.38M | $294.73M | $292.68M | $331.06M | $323.86M | $256.12M | $243.40M | $250.89M | $213.01M | $151.78M | $144.08M | $143.82M | $90.59M | $250.71M | $288.96M | $329.23M |
| High Forecast | $355.79M | $410.58M | $420.68M | $352.08M | $344.50M | $397.46M | $407.00M | $344.21M | $334.11M | $385.05M | $393.78M | $332.63M | $310.12M | $353.85M | $358.08M | $299.49M | $297.42M | $336.42M | $323.86M | $261.72M | $248.72M | $256.37M | $217.66M | $155.10M | $147.23M | $146.97M | $92.57M | $256.19M | $295.27M | $336.42M |
| Low Forecast | $344.62M | $397.69M | $407.47M | $341.02M | $333.68M | $384.97M | $394.22M | $333.40M | $323.62M | $377.94M | $381.41M | $322.18M | $297.81M | $350.99M | $346.84M | $290.09M | $288.07M | $325.85M | $323.86M | $249.83M | $237.42M | $244.72M | $207.78M | $148.06M | $140.54M | $140.29M | $88.36M | $244.55M | $281.86M | $321.14M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.03% | 1.06% | 1.02% | 1.03% | - | 1.02% | 1.03% | 1.10% | 1.16% | 1.05% | 0.93% | 1.03% | 0.90% | 0.95% | 1.00% | 1.01% |
Apple Hospitality REIT's average Quarter revenue forecast for Dec 23 based on 3 analysts is $302.46M, with a low forecast of $297.81M, and a high forecast of $310.12M. APLE's average Quarter revenue forecast represents a -15.58% decrease compared to the company's last Quarter revenue of $358.26M (Sep 23).
Apple Hospitality REIT EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $86.23M | $93.54M | $95.15M | $89.58M | $118.76M | - | $78.16M | $73.18M | $92.07M | $85.37M | $20.90M | $17.37M | $27.82M | $-9.90M | $62.47M | $90.00M | $109.01M |
| Avg Forecast | $101.35M | $116.96M | $119.84M | $100.30M | $98.14M | $113.22M | $115.94M | $98.06M | $95.18M | $110.25M | $112.18M | $35.37M | $87.55M | $102.13M | $102.01M | $32.15M | $84.72M | $104.82M | $93.75M | $34.39M | $70.46M | $82.86M | $46.96M | $11.49M | $15.09M | $19.87M | $-7.85M | $126.49M | $97.50M | $122.64M |
| High Forecast | $102.99M | $118.86M | $121.78M | $101.92M | $99.73M | $115.06M | $117.82M | $99.64M | $96.72M | $111.46M | $113.99M | $42.44M | $89.77M | $102.43M | $103.66M | $38.59M | $86.10M | $125.78M | $93.75M | $41.27M | $72.00M | $99.43M | $56.35M | $13.79M | $18.10M | $23.84M | $-6.28M | $151.79M | $117.00M | $147.17M |
| Low Forecast | $99.76M | $115.12M | $117.95M | $98.72M | $96.59M | $111.44M | $114.12M | $96.51M | $93.68M | $109.41M | $110.41M | $28.30M | $86.21M | $101.60M | $100.40M | $25.72M | $83.39M | $83.85M | $93.75M | $27.51M | $68.73M | $66.29M | $37.56M | $9.19M | $12.07M | $15.89M | $-9.42M | $101.19M | $78.00M | $98.11M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 0.92% | 2.96% | 1.06% | 1.13% | - | 2.27% | 1.04% | 1.11% | 1.82% | 1.82% | 1.15% | 1.40% | 1.26% | 0.49% | 0.92% | 0.89% |
3 analysts predict APLE's average Quarter EBITDA for Dec 23 to be $87.55M, with a high of $89.77M and a low of $86.21M. This is 1.54% upper than Apple Hospitality REIT's previous annual EBITDA (Sep 23) of $86.23M.
Apple Hospitality REIT Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $58.51M | $65.29M | $32.92M | $2.31M | $59.15M | - | $18.00M | $13.22M | $31.76M | $20.28M | $-46.44M | $-51.25M | $-40.95M | $-78.24M | $-2.77M | $25.45M | $46.22M |
| Avg Forecast | $33.90M | $72.65M | $79.92M | $41.17M | $27.85M | $65.39M | $75.07M | $35.12M | $26.64M | $61.15M | $73.14M | $8.15M | $24.82M | $58.73M | $67.81M | $7.41M | $29.87M | $36.16M | $54.54M | $7.92M | $12.65M | $28.58M | $11.16M | $-25.54M | $-44.52M | $-29.25M | $-62.05M | $-5.61M | $27.57M | $52.00M |
| High Forecast | $34.62M | $74.18M | $81.60M | $42.04M | $28.44M | $66.76M | $76.65M | $35.85M | $27.20M | $62.51M | $74.67M | $9.78M | $25.62M | $61.17M | $69.24M | $8.89M | $30.49M | $43.39M | $54.54M | $9.51M | $13.01M | $34.30M | $13.39M | $-20.43M | $-35.61M | $-23.40M | $-49.64M | $-4.49M | $33.09M | $62.40M |
| Low Forecast | $33.21M | $71.17M | $78.28M | $40.33M | $27.28M | $64.05M | $73.54M | $34.40M | $26.09M | $59.79M | $71.64M | $6.52M | $23.22M | $57.53M | $66.42M | $5.92M | $29.26M | $28.93M | $54.54M | $6.34M | $12.25M | $22.87M | $8.92M | $-30.65M | $-53.42M | $-35.10M | $-74.47M | $-6.73M | $22.06M | $41.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.96% | 4.45% | 0.08% | 1.64% | - | 2.27% | 1.05% | 1.11% | 1.82% | 1.82% | 1.15% | 1.40% | 1.26% | 0.49% | 0.92% | 0.89% |
Apple Hospitality REIT's average Quarter net income forecast for Dec 23 is $24.82M, with a range of $23.22M to $25.62M. APLE's average Quarter net income forecast represents a -57.58% decrease compared to the company's last Quarter net income of $58.51M (Sep 23).
Apple Hospitality REIT SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $41.85M | $43.04M | $11.46M | $12.25M | $10.27M | - | $9.64M | $11.22M | $13.26M | $8.44M | $8.12M | $7.10M | $6.73M | $6.03M | $9.52M | $10.73M | $9.04M |
| Avg Forecast | $13.37M | $15.43M | $15.81M | $13.23M | $12.94M | $14.93M | $15.29M | $12.93M | $12.55M | $14.54M | $14.80M | $4.36M | $11.55M | $13.47M | $13.45M | $3.97M | $11.17M | $15.10M | $12.36M | $4.24M | $9.29M | $11.93M | $4.64M | $4.47M | $47.23M | $14.61M | $4.78M | $19.28M | $11.62M | $10.17M |
| High Forecast | $13.58M | $15.68M | $16.06M | $13.44M | $13.15M | $15.17M | $15.54M | $13.14M | $12.76M | $14.70M | $15.03M | $5.23M | $11.84M | $13.51M | $13.67M | $4.76M | $11.36M | $18.12M | $12.36M | $5.09M | $9.50M | $14.32M | $5.57M | $5.36M | $56.68M | $17.53M | $5.73M | $23.14M | $13.94M | $12.20M |
| Low Forecast | $13.16M | $15.18M | $15.56M | $13.02M | $12.74M | $14.70M | $15.05M | $12.73M | $12.36M | $14.43M | $14.56M | $3.49M | $11.37M | $13.40M | $13.24M | $3.17M | $11.00M | $12.08M | $12.36M | $3.39M | $9.06M | $9.55M | $3.71M | $3.57M | $37.79M | $11.69M | $3.82M | $15.43M | $9.30M | $8.14M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.11% | 3.20% | 2.89% | 1.10% | 0.68% | - | 2.27% | 1.21% | 1.11% | 1.82% | 1.82% | 0.15% | 0.46% | 1.26% | 0.49% | 0.92% | 0.89% |
Apple Hospitality REIT's average Quarter SG&A projection for Dec 23 is $11.55M, based on 3 Wall Street analysts, with a range of $11.37M to $11.84M. The forecast indicates a -72.41% fall compared to APLE last annual SG&A of $41.85M (Sep 23).
Apple Hospitality REIT EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 10 | 10 | 10 | 10 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.26 | $0.29 | $0.14 | $0.01 | $0.26 | - | $0.08 | $0.06 | $0.14 | $0.09 | $-0.21 | $-0.23 | $-0.18 | $-0.35 | $-0.01 | $0.11 | $0.21 |
| Avg Forecast | $0.14 | $0.30 | $0.33 | $0.17 | $0.12 | $0.27 | $0.31 | $0.14 | $0.11 | $0.25 | $0.30 | $0.15 | $0.10 | $0.24 | $0.28 | $0.12 | $0.12 | $0.24 | $0.23 | $0.06 | $0.06 | $0.07 | $-0.01 | $-0.13 | $-0.14 | $-0.14 | $-0.35 | $0.04 | $0.12 | $0.24 |
| High Forecast | $0.14 | $0.31 | $0.34 | $0.17 | $0.12 | $0.28 | $0.32 | $0.15 | $0.11 | $0.26 | $0.31 | $0.15 | $0.11 | $0.25 | $0.29 | $0.12 | $0.13 | $0.24 | $0.23 | $0.06 | $0.06 | $0.07 | $-0.01 | $-0.13 | $-0.14 | $-0.14 | $-0.34 | $0.04 | $0.12 | $0.25 |
| Low Forecast | $0.14 | $0.29 | $0.32 | $0.17 | $0.11 | $0.26 | $0.30 | $0.14 | $0.11 | $0.25 | $0.30 | $0.14 | $0.10 | $0.24 | $0.27 | $0.12 | $0.12 | $0.23 | $0.23 | $0.05 | $0.05 | $0.06 | $-0.01 | $-0.13 | $-0.15 | $-0.14 | $-0.36 | $0.04 | $0.11 | $0.24 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.04% | 1.17% | 0.08% | 1.10% | - | 1.45% | 1.05% | 2.15% | -9.00% | 1.62% | 1.61% | 1.29% | 1.00% | -0.25% | 0.96% | 0.86% |
According to 3 Wall Street analysts, Apple Hospitality REIT's projected average Quarter EPS for Dec 23 is $0.10, with a low estimate of $0.10 and a high estimate of $0.11. This represents a -60.58% decrease compared to APLE previous annual EPS of $0.26 (Sep 23).
Apple Hospitality REIT Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PEB | Pebblebrook Hotel Trust | $12.97 | $18.81 | 45.03% | Sell |
| RLJ | RLJ Lodging Trust | $9.14 | $13.20 | 44.42% | Hold |
| APLE | Apple Hospitality REIT | $14.28 | $20.50 | 43.56% | Buy |
| PK | Park Hotels & Resorts | $14.04 | $19.60 | 39.60% | Buy |
| SVC | Service Properties Trust | $4.61 | $6.25 | 35.57% | Buy |
| DRH | DiamondRock Hospitality Company | $8.52 | $10.50 | 23.24% | Buy |
| HT | Hersha Hospitality Trust | $9.99 | $12.25 | 22.62% | Buy |
| HST | Host Hotels & Resorts | $17.42 | $20.82 | 19.52% | Buy |
| SHO | Sunstone Hotel Investors | $10.15 | $11.29 | 11.23% | Hold |
| RHP | Ryman Hospitality Properties | $101.49 | $112.25 | 10.60% | Buy |
APLE Forecast FAQ
Is Apple Hospitality REIT a good buy?
Yes, according to 2 Wall Street analysts, Apple Hospitality REIT (APLE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of APLE's total ratings.
What is APLE's price target?
Apple Hospitality REIT (APLE) average price target is $20.5 with a range of $18 to $23, implying a 43.56% from its last price of $14.28. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Apple Hospitality REIT stock go up soon?
According to Wall Street analysts' prediction for APLE stock, the company can go up by 43.56% (from the last price of $14.28 to the average price target of $20.5), up by 61.06% based on the highest stock price target, and up by 26.05% based on the lowest stock price target.
Can Apple Hospitality REIT stock reach $20?
APLE's average twelve months analyst stock price target of $20.5 supports the claim that Apple Hospitality REIT can reach $20 in the near future.
What are Apple Hospitality REIT's analysts' financial forecasts?
Apple Hospitality REIT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.47B (high $1.49B, low $1.45B), average EBITDA is $425.36M (high $432.24M, low $418.66M), average net income is $203.43M (high $207.71M, low $199.27M), average SG&A $56.1M (high $57.01M, low $55.22M), and average EPS is $0.84 (high $0.858, low $0.823). APLE's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.51B (high $1.54B, low $1.49B), average EBITDA is $438.45M (high $445.55M, low $431.55M), average net income is $227.64M (high $232.43M, low $222.99M), average SG&A $57.83M (high $58.76M, low $56.92M), and average EPS is $0.94 (high $0.96, low $0.921).
Did the APLE's actual financial results beat the analysts' financial forecasts?
Based on Apple Hospitality REIT's last annual report (Dec 2022), the company's revenue was $1.24B, beating the average analysts forecast of $1.2B by 2.88%. Apple's EBITDA was $412.56M, beating the average prediction of $317.68M by 29.87%. The company's net income was $144.8M, beating the average estimation of $128.49M by 12.70%. Apple's SG&A was $42.46M, missing the average forecast of $42.88M by -0.96%. Lastly, the company's EPS was $0.64, beating the average prediction of $0.64 by 0%. In terms of the last quarterly report (Sep 2023), Apple Hospitality REIT's revenue was $358.26M, beating the average analysts' forecast of $352.82M by 1.54%. The company's EBITDA was $86.23M, missing the average prediction of $102.13M by -15.58%. Apple Hospitality REIT's net income was $58.51M, missing the average estimation of $58.73M by -0.37%. The company's SG&A was $41.85M, beating the average forecast of $13.47M by 210.67%. Lastly, the company's EPS was $0.26, beating the average prediction of $0.242 by 7.22%